Nidec Founder Resigns as Chairman amid Accounting Scandal
Tomas Kauer - News Writer and Moderator 
Tokyo, Dec. 20 (Jiji Press)--Japanese electronic device maker Nidec Corp. has announced the resignation of its founder, Shigenobu Nagamori, as chairman amid an accounting scandal. On Friday, Nagamori became honorary chairman without the right to represent the company. He voluntarily stepped aside to assume the part-time position, according to the announcement. Nidec President Mitsuya Kish...
